A developed economy is one with sustained economic growth, security, high per-capita income, and advanced technological infrastructure.

Discover how industrialization boosts economic growth in LDCs, its benefits, challenges, and examples like Hong Kong's rise ...

According to the OECD, there are only 37 countries belonging to the developed countries list. In contrast, there are 152 developing countries. At least, that’s the number according to the definition ...

We’re almost a quarter of the way through the 21st century, and the past 25 years or so have been a tale of two economies when it comes to bridging the gap between the world’s richest and poorest ...

According to a report by the International Monetary Fund (IMF), the growth in developing economies is expected to remain steady at 4.2% in 2024 and 2025. This stability is attributed to the fact that ...

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief. By Alan Rappeport Reporting from Washington Soaring inflation saddled developing ...

The 2025 United Nations (UN) Human Development Report published earlier this month reveals an unprecedented slowdown on the Human Development Indices (HDI) in all regions of the world, along with ...

In a globalized economy, remittances are a pivotal financial flow for developing economies. These cross-border payments not only support individual livelihoods, but they also help alleviate poverty by ...

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Whether you use “Third World” or “Developing” to describe a certain country, both terms mean the same thing: poor. But it didn’t always mean that. During World War I, First World was used to refer to ...

Awaza, 8 August 2025 – The Third United Nations Conference on Landlocked Developing Countries (LLDC3) concluded today in Awaza, Turkmenistan, with the adoption of the Awaza Political Declaration, and ...